Tuesday, November 16, 2010

Questions about China's GDP composition

 Lectures in the country, many people have asked also affected to varying degrees, such as social security level, where wages GDP ratio, however, GDP from the trade point of view allows us to form a clear understanding of China's GDP with other countries the difference.
statistics show that China's GDP in 2007 value of 11.4%, reached 3.01 trillion U.S. dollars, after Germany, ranked fourth in the world. So some people talked about the > China's Foreign GNP
GDP is the GDP in China today should be pride.
Unfortunately, GDP is not GNP, represent only China's production and wealth creation on the ground, and has far more than the Chinese, there are Americans, Japanese, Korean,UGG shoes, German, British, French, etc., a huge lineup, the full range, not long ago that eight-year The shabby team.
official figures show, foreign-funded enterprises in China today has reached more than 28 million, assets worth over 2 trillion. 28 industries in China, 21 are the top 5 foreign investment, joint ventures . Even our ancestors soybeans, soybean oil so that the traditional agricultural industry can not be independent of China.
large proportion of China's foreign trade, third world, there are the other 3 trillion GDP, foreign trade accounted for two trillion ; in the two trillion of foreign trade, the share of foreign-funded enterprises accounted for about 60%.
province of Jiangsu in the economy, foreign-funded enterprises in total imports and exports in more than three times more than Chinese-funded enterprises.
this an unprecedented lineup of powerful foreign capital played in the GDP, what role? we have not seen specific statistics (Bureau of us always 60% of foreign trade is 1.2 trillion,cheap UGG boots, domestic trade are basically the basis of this projection is 600 billion then, both the sum is 1.8 trillion.
3 trillion in total GDP, which account for about 1.8 trillion of foreign capital! < br> This is 1.8 trillion, although China's GDP, but it is foreign GNP; China's GDP is true, is real GNP in foreign countries. Although mainly used Chinese labor and resource production, but the fruit of labor does not belong to Chinese people (although China's GDP figure calculated, but the wealth they are American, Japanese,UGG bailey button, Korean, German, etc.).
Only 3 trillion minus 1.8 trillion, and the remaining 1.2 trillion is the real part Chinese people.
China's GDP, which really belong to China but only a small head (mostly foreign GNP, is this part of the high growth),UGGs, which although looks awkward, nor the so-called high-speed Shadow without a trace, but it is a true portrayal of the Chinese economy.
suspicious of foreign trade, foreign exchange
share of China's why there is such a big trade? why China's foreign trade to the advantage of overwhelming sang the leading role in the national economy (only about one-fifth of other developed countries, only 15% of Japan's foreign trade, China more than 60%)?
Why do Chinese people keen to cheap foreign goods in exchange for high-priced goods?
Why in the foreign exchange reserves of up to 1.8 trillion every day bear the case of large exchange rate losses, still on the export of this music is not he swap?
why the shortage of domestic resources, has resulted in rising prices, the inflation situation is still a large number of low-cost the export of resource products?
This is a puzzling problem!
only if we look carefully at the time of Chinese foreign investment in order to unlock one of the Where? method of making the RMB, but only one way to take hand-in-kind earned wealth, that is, customs export (this is not possible to rely on large-scale smuggling of foreign shipping)! This is the real wealth of the Chinese territory the only way out .
high prices so low into the trade, became the legitimate interests of foreign transport channels (and to avoid Chinese tax)!
the so-called China's 1.8 trillion foreign exchange reserves, in fact, most do not belong to China, but rather those who make a fortune investing in China for foreign investors (export swap the sold to Bank of China (by China's foreign exchange regulatory loopholes), in exchange for re-export of RMB reproduction.
so could have been part of Chinese foreign trade surplus, the balance of the foreign-own, and now the buck to China, has become China's foreign exchange surplus of reserves. from China carrying a (foreign currency), helped foreign helpful. it is impossible to know the U.S. dollar to the renminbi exchange.
China is only change in kind to the dollar, U.S. goods, but the U.S. has with the paper (U.S. dollars) will be able to switch to Chinese yuan real!
under this unequal relationship between foreign trade and an end to the country wide open, customs exist in name only, has become a considerable extent, the output side of China, foreign free accept my gift. indeed eternal wonders!
the Day Differences
same GDP, but in Japan and China have a completely different value of the contents of .2007 5.29 trillion U.S. dollars GDP in Japan, ranking second in the world.
the same time there are 3.5 trillion Japanese overseas assets, which is not included within the GDP (GDP is the value within the local community, do not ask a foreign country, GNP is the value of local nationals inside and outside of all).
this way, to show the gap between the Chinese and Japanese. the bulk of China's GDP is people, and their only head; Japan GDP, not only are their (Japan's foreign investment accounted for only 1%), overseas there is not a large piece into account. This shows that Japan is far more than the GDP gap carrying the 2 trillion U.S. dollars.
see here, those who like to laugh at Japan's slow economic growth, China's growth since that how fast people, you may want some of the more sober now.
the gap between the contents of the Sino-Japanese GDP , mainly in foreign investment last. Japan Why so little foreign investment? economic development because Japan and China take a different path. 

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